Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.
Listed By
Agency Name: The Real Estate Store
Agency Phone: 207-883-4327
Shown By
Agent Name: Jim Pepin
Agent Phone: (207) 242-3015
Agency Title: Sprague and Curtis Real Estate
Estimated Payment
$ 3,193.14 per month $1,998.56 Principal & Interest $932.67 Property Tax $261.92 Homeowner's Insurance
9 Grasmere Road | MLS# 1660702
This multi-family property located at 9 Grasmere Road, Portland, ME 04101 is currently listed for sale with an asking price of $898,000. Search Portland real estate on jpepin.spragueandcurtis.com today.